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Smitha A

Sinclair Broadcast Group - General Discussion

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On 12/2/2018 at 5:41 AM, CircleSeven said:

A shareholder has filed the first lawsuit over the failed Tribune deal.

Wouldn't be surprised of more followed suit.

I've said it since Tribune filed their lawsuit against Sinclair, this is the beginning of the end for Sinclair as more media mergers and as we saw with Cordillera, other media companies like Cox that are looking for buyers will say No to Sinclair as many times as possible no matter how much Sinclair offers them.

Like @channel2 said in the Speculatron board, smart companies like Cordillera will avoid Sinclair at all costs because they cannot entrust Sinclair to make the necessary divestitures where needed. Only companies like Tribune will make a fool of themselves and be faced with months of regulatory delays and (eventually) the merger being sent by the FCC to an ALJ and resulting in a termination of the deal.

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It doesn't help Tribune that they're a public company and they could be seen as breaching their fiduciary duty to refuse the highest bid...

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17 minutes ago, channel2 said:

It doesn't help Tribune that they're a public company and they could be seen as breaching their fiduciary duty to refuse the highest bid...

True but that still doesn't change the fact that if Tribune knew the regulatory risks when they merged with Sinclair, they would've bypassed Sinclair at all costs (even if it meant being brought to court over breaching their fiduciary duty)

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One could argue that merging with Sinclair despite the regulatory risks would have also been a breach of their fiduciary duty.

 

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2 minutes ago, mre29 said:

One could argue that merging with Sinclair despite the regulatory risks would have also been a breach of their fiduciary duty.

 

So either way, it's a lose-lose situation for Tribune

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1 hour ago, oknewsguy said:

So either way, it's a lose-lose situation for Tribune

Precisely.

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1 minute ago, GoldenShine9 said:

Heartless. If not for the non-compete, if I were a News Director at WRCB or WDEF, I'd be throwing an instant offer for her when she's ready.

If she isn't snapped up by a larger market first. And these are the people who we're supposed to let own every station in America. 

 

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7 minutes ago, ColtFromGulfcoast said:

If she isn't snapped up by a larger market first. And these are the people who we're supposed to let own every station in America. 

 

Their GM is resigning too, largely because of how Sinclair handled this. Maybe he'll find a job somewhere else under another owner in a bigger market and hand Alex a contract? (Even if a smaller market, they could give her a lead anchor job).

This is 100% made in Hunt Valley.

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7 minutes ago, GoldenShine9 said:

Their GM is resigning too, largely because of how Sinclair handled this. Maybe he'll find a job somewhere else under another owner in a bigger market and hand Alex a contract? (Even if a smaller market, they could give her a lead anchor job).

This is 100% made in Hunt Valley.

And then look who is the main one retweeting about Chris Bradley.  Could this shit be any more fucked up than it is? Thank God he was at WBNS when this happened, or Sinclair probably would have fired him on the day of his funeral. I apologize if this offends anyone but someone has to point out the hypocrisy here. I can't be the only one who sees this. 

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Edited by ColtFromGulfcoast

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1 hour ago, ColtFromGulfcoast said:

And then look who is the main one retweeting about Chris Bradley.  Could this shit be any more fucked up than it is? Thank God he was at WBNS when this happened, or Sinclair probably would have fired him on the day of his funeral. I apologize if this offends anyone but someone has to point out the hypocrisy here. I can't be the only one who sees this. 

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Hypocrisy much?

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I'll give Sinclair a pass for how they went out of their way to offer condolences for Chris Bradley.  Remember, he was WSYX's chief before he went over to WBNS.  Even better is how the entire market came together (including WCMH) to honor him and encourage others to support the fight against cancer.  It's an issue that affects millions and anyone can be impacted by it.

 

On the other hand, there is no excuse for what they did in Chattanooga.  Bravo to their GM for leaving them.  If she was subjected to a non-compete, it should be declared null and void and she should be free to work wherever she chooses when she is able to.

There needs to be some kind of federal law to protect people from stuff like this. Since TV markets often cross state lines, it is an interstate matter that warrants federal protection.  Sadly, under the current climate, it will probably never happen.  Hopefully, Sinclair gets sued over this one....

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The Cubs and Sinclair are reportedly working together on launching a new RSN.

https://awfulannouncing.com/local-networks/cubs-marquee-rsn-sinclair-nbc-sports-chicago.html

 

Additionally, the Yankees are discussing a potential joint bid with Amazon and Sinclair for the YES Network.

http://www.sportspromedia.com/news/new-york-yankees-amazon-sinclair-yes-network

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